The Fox News Rundown From Washington: The President's First Year 'Report Card'
Jan 17, 2026
Arnon Mishkin, Director of the Fox News Decision Desk, and U.S. Senator Roger Marshall from Kansas, dive into the major political shifts of President Trump's second term. Mishkin highlights the disconnect between Trump's policy achievements and his approval ratings, discussing impacts on inflation and jobs. Meanwhile, Marshall champions the bipartisan push for a 10% cap on credit card interest rates, addressing predatory practices of big banks and emphasizing how competition can help consumers and small businesses alike.
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Policy Wins Don’t Guarantee Approval Numbers
- Mishkin explains policy wins haven't translated into approval due to opposition mobilization.
- He links recent Democratic election gains to voter reaction against Trump.
Tariffs' Economic Impact Was Less Damaging Than Feared
- Mishkin argues tariffs didn't deliver the dire economic fallout predicted and may have reduced the trade deficit.
- He concedes manufacturing gains are debatable but notes some fiscal benefits.
Kitchen-Table Issues Drive Voter Sentiment
- Mishkin says public perception focuses on kitchen-table issues like inflation and jobs.
- Those everyday concerns drive political expectations for 2026.